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MapProperty for sale
Former White Swan Hotel, 554 Wellesley Road, Methil, Leven, Fife, KY8 3PE
Auction
Property
Features and description
- Massive potential development opportunity
- Former public house and basement
- Potential for residential conversion (subject to consents)
- Potential for multiple uses
- Excellent location in the heart of Leven- close to the water
- Perfect for developer or landlord
Former White Swan Hotel, 554 Wellesley Road, Methil, KY8 3PE
Outstanding opportunity for developer/ landlord or owner occupier.
Former White Swan Hotel Bar and cellar/ basement offering potential for immediate use and potential for multiple uses including conversion to 2 bedroom residential property with additional gym or storage a basement level.
Set i nwonderful location in the Fife costal town of Leven within yards of the Firth of Forth.
Current layout as it was when open and trading successfully as a bar with public bar and seating on the ground floor and W.Cs store and cellar at basement level. The layout is very flexible and offers numerous options for configuration.
Panning permission was granted for the whole building to be converted to residential and the rest of the building was successfully converted leaving only the bar to be converted. A specific planning application would be required but discussions between the current owner and local planning department suggest that the process would not be difficult or protracted.
The area enjoys a strong demand for rental property and a 2 bedroom property would realistically command a rental income of £500 per month (£6,000 per year).
The option exists to re-open as pub (subject to necessary consents and licences) in a high demand location within densely populated residential area.
The opportunity for hot food consent may exist. Excellent opportunity for multiple uses.
Methil is well positioned to access the main commercial towns Glenrothes - 15 minutes, Kirkcaldy (17 minutes) and Cupar only 25 minutes. Sought after St Andrews is approximately 18 miles distant. The property is well placed for access to Leven town centre where there is a wide variety of shopping and services. Leven has excellent leisure facilities including two 18 hole golf courses a beach with promenade and a modern swimming pool with leisure centre. Easy commuting to Edinburgh with Fife growing in popularity due to rapidly increasing Edinburgh property prices.
This lot will be sold under auction terms and conditions by Braveheart Auctions.
For more information speak to one of our dedicated property specialists.
Be Brave... Follow Your Heart.
Massive potential development opportunity
Former public house and basement
Potential for residential conversion (subject to consents)
Potential for multiple uses
Excellent location in the heart of Leven- close to the water
Perfect for developer or landlord
Outstanding opportunity for developer/ landlord or owner occupier.
Former White Swan Hotel Bar and cellar/ basement offering potential for immediate use and potential for multiple uses including conversion to 2 bedroom residential property with additional gym or storage a basement level.
Set i nwonderful location in the Fife costal town of Leven within yards of the Firth of Forth.
Current layout as it was when open and trading successfully as a bar with public bar and seating on the ground floor and W.Cs store and cellar at basement level. The layout is very flexible and offers numerous options for configuration.
Panning permission was granted for the whole building to be converted to residential and the rest of the building was successfully converted leaving only the bar to be converted. A specific planning application would be required but discussions between the current owner and local planning department suggest that the process would not be difficult or protracted.
The area enjoys a strong demand for rental property and a 2 bedroom property would realistically command a rental income of £500 per month (£6,000 per year).
The option exists to re-open as pub (subject to necessary consents and licences) in a high demand location within densely populated residential area.
The opportunity for hot food consent may exist. Excellent opportunity for multiple uses.
Methil is well positioned to access the main commercial towns Glenrothes - 15 minutes, Kirkcaldy (17 minutes) and Cupar only 25 minutes. Sought after St Andrews is approximately 18 miles distant. The property is well placed for access to Leven town centre where there is a wide variety of shopping and services. Leven has excellent leisure facilities including two 18 hole golf courses a beach with promenade and a modern swimming pool with leisure centre. Easy commuting to Edinburgh with Fife growing in popularity due to rapidly increasing Edinburgh property prices.
This lot will be sold under auction terms and conditions by Braveheart Auctions.
For more information speak to one of our dedicated property specialists.
Be Brave... Follow Your Heart.
Massive potential development opportunity
Former public house and basement
Potential for residential conversion (subject to consents)
Potential for multiple uses
Excellent location in the heart of Leven- close to the water
Perfect for developer or landlord
About this agent
Braveheart Auctions is Scotland's and brightest and most innovative online auction house. We specialise in the sale of premium Scottish commodities. Whether you're selling or buying property, land or whisky, Braveheart is the smart choice.